ALTCOIN

What Impact Would a Ripple IPO Have on XRP Price?

[ad_1] Blockchain payment network Ripple launching an initial public offering (IPO) could, in fact, devalue the cryptocurrency in which it holds a majority stake. According to several market participants interviewed by Cointelegraph over the weekend, Ripple going public has potential implications for the fate of altcoin XRP. Ripple IPO: boom or bust for XRP?The company’s CEO, Brad Garlinghouse, last week hinted an IPO may occur within the next year. In the face of
ALTCOIN

Ripple CEO Hints at IPO, Says More Crypto Firms Will Go Public in 2020

[ad_1] Ripple CEO Brad Garlinghouse predicts that initial public offerings (IPOs) will become more prevalent in the cryptocurrency and blockchain space in 2020.Speaking at the World Economic Forum in Davos yesterday, Jan. 23, Garlinghouse reportedly hinted that Ripple would itself be one of those firms to seek a public flotation:“In the next 12 months, you’ll see IPOs in the crypto/blockchain space. We’re not going to be the first and we’re
ALTCOIN

Apple’s iCloud Is “Now Officially a Surveillance Tool”

[ad_1] Pavel Durov, founder and CEO of major encrypted messenger Telegram, argues that Apple’s cloud service iCloud is “now officially a surveillance tool.”Citing a Jan. 21 Reuters report, Durov claimed that applications like WhatsApp — which rely on iCloud to store private messages — are “part of the problem.” Telegram CEO delivered his verdict in a post on his official Telegram channel on Jan. 21:“iCloud is now officially a surveillance
ALTCOIN

Ether Was the Cryptocurrency Most Correlated to Other Coins in 2019

[ad_1] Recent research shows that Ether (ETH) was the cryptocurrency most correlated to the rest of the crypto market in 2019.In a report published on Jan. 22, the research arm of major cryptocurrency exchange Binance suggests that throughout 2019, ETH had an average correlation coefficient of 0.69. The paper, which compared correlation data of 20 top cryptocurrencies, reads:“Ether (ETH) is the highest correlated asset. With an average correlation coefficient of
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Libra Spurred Us to Take CBDCs Seriously

[ad_1] The former head of payments and settlements at the Bank of Japan (BOJ) says Facebook’s Libra galvanized central banks globally to look seriously into digital currency issuance.A Jan. 22 Reuters report cited remarks by Hiromi Yamaoka, who reportedly oversaw the BOJ’s research into digital currencies as part of his erstwhile role and continues to communicate closely with international central bank policymakers. He is presently a board member at IT consultancy
ALTCOIN

British Telecoms Giant Latest Member to Bail on Libra Association

[ad_1] Adding to a lengthy list of departures last fall, telecom giant Vodafone has departed the Libra association, a spokesperson from Vodafone confirmed to Cointelegraph in an email on Jan. 21, 2020. The representative said:“Vodafone Group has decided to withdraw from the Libra Association. We have said from the outset that Vodafone’s desire is to make a genuine contribution to extending financial inclusion. We remain fully committed to that goal and
ALTCOIN

Ether, XRP, and DASH Push Higher as the Altcoin Market Gains Momentum

[ad_1] Altcoins have been stealing the show recently, as some large caps have seen tremendous surges along the field. Bitcoin Cash ABC (BCH), Bitcoin Cash SV (BSV), Dash (DASH), and Ethereum Classic (ETC) have all shown increases of more than a hundred percent recently but it is a bit premature to be calling for celebrations at the new altcoin season? Perhaps no, but at least it’s a reason to dedicate
ALTCOIN

EGifter Will Be Among First BitPay Merchant To Accept XRP Cryptocurrency

[ad_1] BitPay, a leading provider of Bitcoin and cryptocurrency payment services, announced on Jan. 21 the launch of XRP payments and cross-border transfers. BitPay has also added support for XRP — the cryptocurrency used by Ripple’s payment network — to the BitPay Wallet app. Although rumors were circulating on Jan. 20 across Twitter and Reddit that BitPay had added support for XRP, the company officially confirmed its work with Ripple’s developer
ALTCOIN

Wildcards Purports to Save Endangered Species With Technical First For Ethereum

[ad_1] It’s the first successful live deployment on the Ethereum mainnet of something called a “scalable Harberger tax contract,” and it might just help save at-risk animals.Cointelegraph attended the CV Labs pitch session in Davos, Switzerland today, an event running alongside the 50th edition of the World Economic Forum. In the basement of the Pöstli Club, crypto entrepreneurs took to the stage to give brief presentations on their current projects.